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EAC-PM calls for changes in priority sector lending to enhance efficiency; greater flexibility to banks
An Economic Advisory Council to the Prime Minister paper has proposed shifting priority sector lending focus from economic efficiency to social equity, suggesting outdated categories be removed to give banks more flexibility.
Impact of UAE exit from OPEC on India still uncertain, country should focus on energy resilience, says Sagar Adani
As India faces the ripple effects of the UAE's departure from OPEC, it is imperative to prioritize energy resilience. While this shift may stir market unpredictability, India's flourishing relationship with the UAE is a beacon of optimism. Our country is effectively navigating global energy hurdles, with a vision focused on durable solutions to ensure resilience.
Mega deals less likely, but media M&A show to stay strong in 2026
Media and entertainment deals will remain strong in 2026. Transactions will focus on content, gaming, sports, and AI companies with intellectual property. Most deals will be mid-sized. The sector saw significant activity in 2025, with deal volumes rising. Value creation will be driven by content, IP, and platform consolidation. Digital advertising will also see more mergers and acquisitions.
India has a front seat among markets ripe for hotel development: Radisson exec Elie Younes
India offers a prime opportunity for hotel development in the coming five years. Radisson Hotel Group aims to grow its India presence from 200 to 500 hotels by 2030. The group sees strong potential for expansion, expecting faster growth in India than in China over the next 12-36 months. This expansion will primarily focus on organic opportunities.
'Ramayana' impact: Ranbir Kapoor-backed smallcap stock rallies 320% in one year, should you buy?
Prime Focus shares have surged over 320% in a year, fueled by excitement for Ranbir Kapoor's upcoming 'Ramayana' film. The production house, known for its visual effects, is anticipating a massive Rs 1,000 crore OTT deal for the two-part epic. Kapoor himself invested significantly in the company last year.
Nazara Technologies stock in focus after ₹918 crore acquisition deal announcement
Nazara's UK arm will initially acquire a 50% stake in Bluetile and Bestplay for $100.3 million (₹918 crore). Of this, $59.7 million will be paid at the first closing, while the remaining $40.6 million will be settled within six months.
Stocks in news: Manappuram Finance, Kotak Bank, Nazara Technologies, United Breweries
Indian markets continued their recovery for a third straight session, with Nifty approaching the 23,800-24,000 resistance zone. Key stocks like Manappuram Finance, Kotak Bank, Nazara Technologies, and United Breweries are in focus due to significant corporate developments, including acquisitions, licensing agreements, and environmental clearances.
Prime Focus backed BRAHMA AI partners with Google Cloud
BRAHMA AI, an enterprise AI content platform backed by Prime Focus, and Google Cloud, have announced a multi-year strategic partnership to enable high-fidelity, multilingual, interactive communication via digital humans that bridge the gap between organizations and their global audiences.
Stocks in news: Nazara Technologies, IndiGo, Hindustan Zinc, NTPC Green, RIL
Indian markets saw a strong rebound on Tuesday, recovering some losses. Global cues improved and crude oil price worries eased. Several companies are in focus today. Nazara Technologies saw a significant block deal. IndiGo's CEO stepped down. RIL is boosting LPG production. Vedanta calls for unlocking domestic resources. NTPC Green Energy added new solar capacity.
JioStar appoints Amit Malhotra as Head of International Business
JioStar has appointed Amit Malhotra as its new Head of International Business. Malhotra will be based in Singapore. His role involves shaping international market strategies and driving growth through launches and partnerships. He will focus on delivering value to consumers globally. Malhotra brings extensive experience from his previous leadership roles at Warner Media and The Walt Disney Company.
Stocks to Watch Today: DOMS Industries, Krishna Institute of Medical Sciences, Prime Focus, Utkal Speciality, Brigade, Sonata Software in focus on 17 June
Stocks to Watch, 17 Jun: Stocks like Sonata Software, Utkal Speciality Industries India, Cyient, Brigade Enterprises, Prime Focus, Bharat Forge, Krishna Institute of Medical Sciences, Wipro, and DOMS Industries will be in focus on June 17.
PNC Infratech share price in focus post Rs 194 crore EPC order
PNC Infratech Share Price | The company received Letter of Acceptance (LoA) from the Lucknow Development Authority, Uttar Pradesh of Rs a94.4 crore.